OBSHX SHIPPING (Norway) Financials

OBSHX
  

 189.61  1.64  0.87%   

We recommend to use OBSHX SHIPPING GR fundamental analysis to see if markets are now undervaluing or overvaluing the index. Put it differently, this technique allows you to confirm available drivers of OBSHX SHIPPING GR as well as the relationship between them. We have analyzed and interpolated one available financial ratios for OBSHX SHIPPING GR, which can be compared to its competitors. Use OBSHX SHIPPING to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The index experiences a moderate upward volatility. Check odds of OBSHX SHIPPING to be traded at 208.57 in 90 days.
  
With this module, you can analyze OBSHX financials for your investing period. You should be able to track the changes in OBSHX SHIPPING individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past OBSHX SHIPPING Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of OBSHX SHIPPING's financial statements are interrelated, with each one affecting the others. For example, an increase in OBSHX SHIPPING's assets may result in an increase in income on the income statement.
InstrumentNorway Index
ExchangeOslo Stock Exchange
BenchmarkDOW

Performance    


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About OBSHX SHIPPING Financials

What exactly are OBSHX SHIPPING Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include OBSHX SHIPPING's income statement, its balance sheet, and the statement of cash flows. Potential OBSHX SHIPPING investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although OBSHX SHIPPING investors may use each financial statement separately, they are all related. The changes in OBSHX SHIPPING's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OBSHX SHIPPING's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as OBSHX SHIPPING is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of OBSHX grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

OBSHX SHIPPING August 13, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of OBSHX SHIPPING help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OBSHX SHIPPING GR. We use our internally-developed statistical techniques to arrive at the intrinsic value of OBSHX SHIPPING GR based on widely used predictive technical indicators. In general, we focus on analyzing OBSHX Index price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OBSHX SHIPPING's daily price indicators and compare them against related drivers.
Information Ratio0.3793
Maximum Drawdown27.07
Value At Risk(5.84)
Potential Upside14.38
Please check Your Equity Center. Note that the OBSHX SHIPPING GR information on this page should be used as a complementary analysis to other OBSHX SHIPPING's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Tools for OBSHX Index

When running OBSHX SHIPPING GR price analysis, check to measure OBSHX SHIPPING's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OBSHX SHIPPING is operating at the current time. Most of OBSHX SHIPPING's value examination focuses on studying past and present price action to predict the probability of OBSHX SHIPPING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBSHX SHIPPING's price. Additionally, you may evaluate how the addition of OBSHX SHIPPING to your portfolios can decrease your overall portfolio volatility.
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